NASDAQ:MNTS

Momentus (MNTS) Stock Forecast, Price & News

$1.30

-0.03 (-2.26%)

(As of 05:37 PM ET)

Compare

Today's Range: $1.29
▼
$1.56
50-Day Range: $1.33
▼
$23.05
52-Week Range: $1.28
▼
$79.50

Volume: 282,821 shs
Average Volume: 31,745 shs
Market Capitalization: $2.64 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Momentus MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
3.98% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.53
Based on 5 Articles This Week
Insider Trading: Selling Shares
$305,013 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($28.50) to ($13.50) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.38 out of 5 stars

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Momentus.

3.0

Short Interest

Percentage of Shares Shorted
3.98% of the float of Momentus has been sold short.
Short Interest Ratio / Days to Cover
Momentus has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Momentus has recently increased by 43.27%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Momentus does not currently pay a dividend.
Dividend Growth
Momentus does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MNTS.

1.9

News and Social Media Coverage

News Sentiment
Momentus has a news sentiment score of -0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Aerospace companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Momentus this week, compared to 1 article on an average week.
Search Interest
2 people have searched for MNTS on MarketBeat in the last 30 days.
MarketBeat Follows
15 people have added Momentus to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Momentus insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $305,013.00 in company stock.
Percentage Held by Insiders
Only 1.50% of the stock of Momentus is held by insiders.
Percentage Held by Institutions
Only 31.80% of the stock of Momentus is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Momentus are expected to grow in the coming year, from ($28.50) to ($13.50) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Momentus is -0.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Momentus is -0.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Momentus has a P/B Ratio of 0.06. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Momentus (NASDAQ:MNTS) Stock

Momentus Inc., together with its subsidiaries, operates as a commercial space company. The company focuses on providing in-space infrastructure services, including in-space transportation, hosted payloads, and in-orbit services. Its principal and target customers include satellite operators. The company is headquartered in San Jose, California.

MNTS Price History

30 days | 90 days | 365 days | Advanced Chart

MNTS Stock News Headlines

September 28, 2023 | finance.yahoo.com

Momentus Chief Executive Officer John Rood Recognized as Connectivity Business Executive to Watch

September 19, 2023 | finance.yahoo.com

Momentus to Provide Delivery Service for Aarhus University Payload

September 28, 2023 | Micro-Cap Stock Trader (Ad)

U.S. drive to onshore battery supply chains could create big winners in lithium

Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons

September 15, 2023 | finance.yahoo.com

Prime Movers Lab Fund I LP Sells 175,983 Shares of Momentus Inc

September 11, 2023 | finance.yahoo.com

Momentus Announces Closing of $5.0 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules

September 8, 2023 | businesswire.com

Momentus Regains Compliance with Nasdaq Minimum Bid Price

September 7, 2023 | markets.businessinsider.com

Momentus Announces $5.0 Mln Registered Direct Offering; Stock Down 10%

September 7, 2023 | msn.com

Momentus prices $5M stock offering

September 28, 2023 | Micro-Cap Stock Trader (Ad)

U.S. drive to onshore battery supply chains could create big winners in lithium

Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons

September 7, 2023 | finance.yahoo.com

Momentus Announces $5.0 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules

August 31, 2023 | msn.com

Momentus Inc - (MNTS) Price Target Increased by 4900.00% to 35.19

August 31, 2023 | benzinga.com

Momentus Stock (NASDAQ:MNTS), Analyst Ratings, Price Targets, Predictions

August 24, 2023 | finanznachrichten.de

Momentus Inc.: Momentus to Provide Hosted Payload Services for FOSSA Systems

August 24, 2023 | nasdaq.com

Momentus Secures Contract To Provide Hosted Payload Services To FOSSA Systems

August 24, 2023 | finance.yahoo.com

Momentus to Provide Hosted Payload Services for FOSSA Systems

August 22, 2023 | msn.com

Momentus announces 1-for-50 reverse stock split

August 22, 2023 | finance.yahoo.com

Momentus Inc. Announces Reverse Stock Split

August 21, 2023 | finance.yahoo.com

Momentus Grants Inducement Awards to Four New Employees

August 14, 2023 | seekingalpha.com

Momentus wins contract from U.S. Defense Department’s Space Development Agency

August 14, 2023 | finance.yahoo.com

Momentus Awarded Innovation Research Contract from U.S. Defense Department’s Space Development Agency

August 14, 2023 | finance.yahoo.com

Momentus Inc. Announces Second Quarter 2023 Financial Results

August 11, 2023 | benzinga.com

Preview: Momentus's Earnings

August 3, 2023 | msn.com

Momentus Inc - (MNTS) Price Target Decreased by 38.76% to 0.70

August 2, 2023 | finance.yahoo.com

Momentus to Highlight Low-Cost M-1000 Commercial Satellite Bus and Transportation Services at Small Satellite 2023

July 31, 2023 | finance.yahoo.com

Momentus Announces Date of Second Quarter 2023 Financial Results and Conference Call

July 28, 2023 | finance.yahoo.com

Momentus Deploys All Payloads from Vigoride-6 Mission

July 6, 2023 | msn.com

Momentus Inc - (MNTS) Price Target Decreased by 18.55% to 1.15

See More Headlines

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MNTS Company Calendar

Last Earnings: 8/14/2023
Today: 9/28/2023
Next Earnings (Estimated): 11/14/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Guided missiles & space vehicles & parts
Sub-Industry: N/A
Sector: Aerospace
Current Symbol: NASDAQ:MNTS
CUSIP: N/A
CIK: 1781162
Web: www.stableroadcapital.com
Phone: 650-564-7820
Fax: N/A
Employees: 123
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($50.00)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-95,440,000.00
Net Margins: -4,321.76%
Pretax Margin: -4,321.76%
Return on Equity: -230.81%
Return on Assets: -101.54%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.14
Quick Ratio: 1.14

Sales & Book Value

Annual Sales: $300,000.00
Price / Sales: 8.80
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $22.94 per share
Price / Book: 0.06

Miscellaneous

Outstanding Shares: 2,030,000
Free Float: 1,998,000
Market Cap: $2.64 million
Optionable: Not Optionable
Beta: 0.96

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Key Executives

Mr. John Charles Rood (Age 54)
Chairman, Pres & CEO
Comp: $1.84M

Mr. Paul Ney (Age 64)
Chief Legal Officer & Corp. Sec.
Comp: $711.5k

Mr. Eric R. Williams (Age 58)
CFO & Principal Accounting Officer

Mr. Rob Schwarz (Age 51)
CTO and Interim Head of Engineering & Operations

Mr. Darryl J. John Genovesi
VP of Investor Relations

Mr. Chris Kinman
Chief Commercial Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MNTS Stock - Frequently Asked Questions

How have MNTS shares performed in 2023?: Momentus' stock was trading at $38.9950 at the beginning of 2023. Since then, MNTS shares have decreased by 96.7% and is now trading at $1.30.
View the best growth stocks for 2023 here.
Are investors shorting Momentus?: Momentus saw a increase in short interest in September. As of September 15th, there was short interest totaling 64,900 shares, an increase of 43.3% from the August 31st total of 45,300 shares. Based on an average daily trading volume, of 43,600 shares, the days-to-cover ratio is presently 1.5 days. Currently, 4.0% of the shares of the company are sold short.
View Momentus' Short Interest.
When is Momentus' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our MNTS earnings forecast.
How were Momentus' earnings last quarter?: Momentus Inc. (NASDAQ:MNTS) posted its earnings results on Monday, August, 14th. The company reported ($10.00) EPS for the quarter, missing the consensus estimate of ($8.50) by $1.50. The firm had revenue of $1.71 million for the quarter, compared to analyst estimates of $0.94 million. Momentus had a negative trailing twelve-month return on equity of 230.81% and a negative net margin of 4,321.76%.
When did Momentus' stock split?: Momentus's stock reverse split on Thursday, August 24th 2023. The 1-50 reverse split was announced on Thursday, August 24th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, August 24th 2023. An investor that had 100 shares of stock prior to the reverse split would have 2 shares after the split.
What is Momentus' stock symbol?: Momentus trades on the NASDAQ under the ticker symbol "MNTS."

Who are Momentus' major shareholders?: Momentus' stock is owned by many different retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (0.79%), BlackRock Inc. (0.68%), Geode Capital Management LLC (0.51%), Y Intercept Hong Kong Ltd (0.28%), State Street Corp (0.20%) and Two Sigma Securities LLC (0.16%). Insiders that own company stock include Brian Kabot, Dawn A Harms, Fred G Kennedy III, Jikun Kim, John C Rood, Movers Lab Fund I Lp Prime and Victorino Mercado.
View institutional ownership trends.
How do I buy shares of Momentus?: Shares of MNTS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Momentus' stock price today?: One share of MNTS stock can currently be purchased for approximately $1.30.
How much money does Momentus make?: Momentus (NASDAQ:MNTS) has a market capitalization of $2.64 million and generates $300,000.00 in revenue each year. The company earns $-95,440,000.00 in net income (profit) each year or ($50.00) on an earnings per share basis.
How many employees does Momentus have?: The company employs 123 workers across the globe.
How can I contact Momentus?: Momentus' mailing address is 1345 ABBOT KINNEY BLVD., VENICE BEACH CA, 90291. The official website for the company is www.stableroadcapital.com. The company can be reached via phone at 650-564-7820 or via email at investors@momentus.space.

This page (NASDAQ:MNTS) was last updated on 9/28/2023 by MarketBeat.com Staff

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